Katahdin Bankshares (Katahdin Bankshares) Dividend Payout Ratio : 0.27 (As of Mar. 2024)

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What is Katahdin Bankshares Dividend Payout Ratio?

Katahdin Bankshares's dividend payout ratio for the months ended in Mar. 2024 was 0.27.

The historical rank and industry rank for Katahdin Bankshares's Dividend Payout Ratio or its related term are showing as below:

KTHN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.21 Max: 0.39
Current: 0.21

During the past 13 years, the highest Dividend Payout Ratio of Katahdin Bankshares was 0.39. The lowest was 0.17. And the median was 0.21.

KTHN's Dividend Payout Ratio is ranked better than
77.37% of 1087 companies
in the Banks industry
Industry Median: 0.35 vs KTHN: 0.21

As of today (2024-05-06), the Dividend Yield % of Katahdin Bankshares is 2.87%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Katahdin Bankshares was 3.70%. The lowest was 1.90%. And the median was 2.72%.

Katahdin Bankshares's Dividends per Share for the months ended in Mar. 2024 was $0.18.

During the past 12 months, Katahdin Bankshares's average Dividends Per Share Growth Rate was 11.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Katahdin Bankshares was 92.60% per year. The lowest was 0.60% per year. And the median was 5.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Katahdin Bankshares Dividend Payout Ratio Historical Data

The historical data trend for Katahdin Bankshares's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Katahdin Bankshares Dividend Payout Ratio Chart

Katahdin Bankshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.20

0.17

0.19

0.20

Katahdin Bankshares Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.20	0.20	0.19	0.21	0.27

Competitive Comparison of Katahdin Bankshares's Dividend Payout Ratio

For the Banks - Regional subindustry, Katahdin Bankshares's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Katahdin Bankshares's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Katahdin Bankshares's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Katahdin Bankshares's Dividend Payout Ratio falls into.

Katahdin Bankshares Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Katahdin Bankshares's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.608	/	3.08
	=	0.20

Katahdin Bankshares's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.175	/	0.64
	=	0.27

Katahdin Bankshares (OTCPK:KTHN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Katahdin Bankshares Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Katahdin Bankshares's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Katahdin Bankshares (Katahdin Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Katahdin Bankshares Corp (OTCPK:KTHN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Katahdin Lane, P.O. Box 36, Houlton, ME, USA, 04730

Website

https://www.katahdintrust.com

Katahdin Bankshares Corp is a part of the financial services sector. It is a state-chartered commercial bank whose deposits are insured by the Federal Deposit Insurance Corporation. Its primary business is to lend funds and accept deposits from consumers and small businesses in Aroostook and the Portland area. The Bank has full-service branches throughout northern Maine and the greater Bangor and Portland regions. Its key services include personal banking, business banking, and investments.